Harsco Corp sees the trend conditions change enough to paint a “Go” bar.
After a lengthy “NoGo” move that started in late June/early July, Harsco Corp has rallied from the September low and GoNoGo Trend painted a couple of amber “Go Fish” bars before the aqua “Go” bar we see on the current bar. As price was basing, GoNoGo Oscillator broke above the zero line and then rode it for several bars before finally finding support and moving again into positive territory.
By
Alex Cole
